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Feb 15, 2013
02/13
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he will have to start -- scorecard but "u.s. news and ont world report" does it but there's will be better. >> bill gates gave his annual address on issues facing the world and said we need to rework the score card on education we have bill gates then u.s. news than the governor's version that is badly for matted you cannot find on the internet but have to download. [laughter] >> and spend for thecd ar $5 million. john: i was struck bylimate climate change remus do more to combat it and there is the overwhelming dutchman a scientist that hurricane sandy caused climate change. >> i give him credit there is not overwhelming evidence that clementine to caused hurricane sandy. john: no evidence.n >> maybe this sea level rising then it note evidence of the hurricane itself and it is just bunk. pick on this one. [laughter] that is another sort out there hopefully we get a federal program. john: there is evidence the climate is warming. ll but that may be responsible for the fulllarge moon that was a large factor [laughter] >> you must
he will have to start -- scorecard but "u.s. news and ont world report" does it but there's will be better. >> bill gates gave his annual address on issues facing the world and said we need to rework the score card on education we have bill gates then u.s. news than the governor's version that is badly for matted you cannot find on the internet but have to download. [laughter] >> and spend for thecd ar $5 million. john: i was struck bylimate climate change remus do more to...
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Feb 18, 2013
02/13
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he will have a score card and in fairness "u.s. news and world report" does it but they will say who gets jobs. >> bill gates gave his annual address on issues facing the world and said we need to rework the scorecard and education bill gates, u.s. news and the government version that no one reads badly for matted and cannot find it on the internet except pd f and it has to be downloaded. [laughter] [applause] and will cost millions of dollars. john: climate change. we must do more to combat climate change and there i overwhelming judgment of scientists that hurrican sandy. [laughter] caused by climate change? >> i give him credit for being that devious he says sandy than overwhelming evidence, there is not that imate change caused hurricane sandy. >> there is no evidence. >> maybe this sea level rises and the frequencies of the hurricanes with climate change is just john. pick on that it is just the righout there to get a federal program to solve this. john: there is a lot of evidence the climate is warming. >> but i think might b
he will have a score card and in fairness "u.s. news and world report" does it but they will say who gets jobs. >> bill gates gave his annual address on issues facing the world and said we need to rework the scorecard and education bill gates, u.s. news and the government version that no one reads badly for matted and cannot find it on the internet except pd f and it has to be downloaded. [laughter] [applause] and will cost millions of dollars. john: climate change. we must do...
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Feb 16, 2013
02/13
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. >> and a college score card i tha "u.s. news and world report" gave us updates but now the government will do that. and with federal subsidies, more activity and it will cost a lot of money. >> preschool is appealing to people. >> he just wants to give the kids a head start? >> i am highly sympathetic to putting kids in the government hands but headstart has a not a great record spending a billion dollars to get little in terms of results. the government's own study. john: no results one year later. >> gains during the preschool years gone by first grade. and similar bad results socially. john: fewer is riata 10 are enrolled in peschool like it is a problem. >> it is not like the government has done well overall we have tripled spending and scores are flat. we sock at education. john: he says he will not to increase the deficit. >> it is quite remarkable how most of the life of the country the government was less than 5% and only recently it has gone up and now with sequestration to talk about harsh arbitrary cuts which sou
. >> and a college score card i tha "u.s. news and world report" gave us updates but now the government will do that. and with federal subsidies, more activity and it will cost a lot of money. >> preschool is appealing to people. >> he just wants to give the kids a head start? >> i am highly sympathetic to putting kids in the government hands but headstart has a not a great record spending a billion dollars to get little in terms of results. the government's...
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u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> it is a same we don't see this obama administration holding countries accountable. when we belief that this is state sponsored, we're not tracking about useless information, we're talking about our country intellectual property our secrets, you know it has a lot to do with the organization itself and the department, you see study after study show a lot of people in i-t believe that majority of people in i-t believe that cyber security improvement believes that the policy that the organization imminents this was a -- implements this is not just fault of department of en
u.s., those who have been hacked by china, and those who don't know they have been hacked this happens roughly a hundred times a day, attacks coming in from china from all sorts of places mostly guangdong province, this is say military effort. charles: michelle. no react, i rarely hear anything from washington in a political realm we hear china manipulating currency but no one talked about this which seems more dangerous? >> it is a same we don't see this obama administration holding...
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Feb 14, 2013
02/13
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it was one of the biggest upsets in olympic history, the u.s. went on to beat them in the finals and took on the goal. february 13, just 33 years ago today. still to come, my 2 cents more on waste, fraud and abuse on the department of homeland security. and next, it sounds too good to be true, my next guest says the devil is in the details ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. gerri: and update on the breaking news. more details emerging on the american airlines and u.s. airways deal. both have now separately approved the merger. reports say that douglas parker is expected to be the ceo of the newly merged airline. the company has been in bankruptcy, and an official announcement is expected tomorrow then the department of justice will have to approve that deal. we will continue to follow it. sorry, investors, there is no such thing as a free lunch, and that holds true for the too good to be true claims coming out of charles schwab. the ne guest says that the fr
it was one of the biggest upsets in olympic history, the u.s. went on to beat them in the finals and took on the goal. february 13, just 33 years ago today. still to come, my 2 cents more on waste, fraud and abuse on the department of homeland security. and next, it sounds too good to be true, my next guest says the devil is in the details ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. gerri: and update on the breaking...
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and the u.s. airlines/u.s. air her injurier. what it means the next time you fly. "the willis report" is on the case. ♪ gerri: all that and more coming up, but first, our top story tonight. nearly half the country bracing for major snowstorm. however, we are still dealing with the aftermath of another storm, sandy. but the red tape surrounding fema's national flood insurance program is leaving homeowners and businesses out in the cold with more on this, stephen moore, editorial board member for the wall street journal. welcome to the show. always great to have you here. >> thank you. gerri: you look like you're in a safe, warm place, which is good. [laughter] it's going to be a doozy, right? >> two feet of snow. gerri: i want you to hear what chris christie, the governor of new jersey, had to say. boy, is he upset with fema. here he is. >> people need to know how much money they're going to have from their flood insurance to be able to rebuild, repair their homes. the national flood insurance plan has stunk. gerri: it stunk. you heard that, and i think he's proba
and the u.s. airlines/u.s. air her injurier. what it means the next time you fly. "the willis report" is on the case. ♪ gerri: all that and more coming up, but first, our top story tonight. nearly half the country bracing for major snowstorm. however, we are still dealing with the aftermath of another storm, sandy. but the red tape surrounding fema's national flood insurance program is leaving homeowners and businesses out in the cold with more on this, stephen moore, editorial...
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Feb 22, 2013
02/13
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yes, the same china that has been on a hacking spree of u.s. companies could cash in big time. too big to refuse. edgrande has been warning about this, he is joining me right now out of chicago, they got that preemptive offer that dwarfs what is worth, they want to puppy. is that a kick in the hiney? what do you think? >> i look at ts, just absurd on the face of it you know. you talk about sequester, it is a drop of rain in the gulf of mexico look at china hacking all property from our great corporation from government, itself. and then we turn around and government subdize a car company, based onechnology that yet to have its day, and chin wants to walk in and buy up that company, after we sub62 they talk our usa tax dollars, that built that company, and convert it to a asset in china, we're going to buy those cars. >> and the amazing thing, is all these auto bailout, some of these subsidies for green energy and like were predicated on belief that jobs, are in america they stay in america, now it like we spent all this money, get something up, bruced and running and the chines
yes, the same china that has been on a hacking spree of u.s. companies could cash in big time. too big to refuse. edgrande has been warning about this, he is joining me right now out of chicago, they got that preemptive offer that dwarfs what is worth, they want to puppy. is that a kick in the hiney? what do you think? >> i look at ts, just absurd on the face of it you know. you talk about sequester, it is a drop of rain in the gulf of mexico look at china hacking all property from our...
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listen, the u.s. economy is way more complex than a ge or intel, is it more about the name of the game you have to be at the table because if you're not, you will be on the menu. >> you have to ask those ceos. when they said that it was scheduled for two years, and expired and some people said why did they get rid of it? it was scheduled to go for two years. to your other point, the president was only using these meetings as a way to get business ceos to get up and defend his program, he didn't really get a whole lot of that over the last four years so i don't think you can really say that was the main thing he was doing. the gathering of information and ideas from the jobs council before that from the economic recovery advisory board from a lot of these meetings i think forms policies but not as if the outside groups of people who have important day jobs ought to be replacing the national economic council or the operations of the government. liz: what does the president get done, what is the big-tick
listen, the u.s. economy is way more complex than a ge or intel, is it more about the name of the game you have to be at the table because if you're not, you will be on the menu. >> you have to ask those ceos. when they said that it was scheduled for two years, and expired and some people said why did they get rid of it? it was scheduled to go for two years. to your other point, the president was only using these meetings as a way to get business ceos to get up and defend his program, he...
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Feb 21, 2013
02/13
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u.s. rare earth announced they obtained a new permit to drill in montana. it's a big deal because it takes years to get approval for this. coming up exclosively on fox business, the president of rare earth tells us why america has a costly mineral deficit and what needs to be done about it. david: rely on the chinese for that when we can get it at home. the clock ticking away to a string of automatic cuts. they go into effect of a budget agreement is not reached while the debate over what to cut continues, the white house pushes for a $50 billion project. $50 billion increase in spending? yes, what could it be? we'll tell you coming up after our break. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ sandra: hp up after reporting better than expec
u.s. rare earth announced they obtained a new permit to drill in montana. it's a big deal because it takes years to get approval for this. coming up exclosively on fox business, the president of rare earth tells us why america has a costly mineral deficit and what needs to be done about it. david: rely on the chinese for that when we can get it at home. the clock ticking away to a string of automatic cuts. they go into effect of a budget agreement is not reached while the debate over what to...
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Feb 26, 2013
02/13
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the u.s. postal service®, no business too small. >> so questation i raising is a- sequestration is a disaster. >> it will cut money for fema. neil: all right you heard them, if those automatic cuts kick in. three billion bucks meant for sandy clean up will begun. david said that obama administration chose to put sandy on the chopping block to make the scary point, christina is wondering why congress cannot salvage it for victims like her. she has been in her home since the storm hit in october, what do you make of this idea. latest excuse, you are in a pickle because of the sequestration? do you buy that? >> no. neil: what do you think they are up to. >> you know, i just, i think that the relief effort is still not reaching the hurricane victims. i had issues with the red cross. i have to tell y i'm starting to think, i'm going to take a lot of heat for saying that, i am thinking that red cross is the biggest scam going. neil: now. the problem have you been having, they were -- they were prob
the u.s. postal service®, no business too small. >> so questation i raising is a- sequestration is a disaster. >> it will cut money for fema. neil: all right you heard them, if those automatic cuts kick in. three billion bucks meant for sandy clean up will begun. david said that obama administration chose to put sandy on the chopping block to make the scary point, christina is wondering why congress cannot salvage it for victims like her. she has been in her home since the storm...
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Feb 26, 2013
02/13
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neil: a fox, alert for you, microsoft joining list of u.s. companies saying it has been hacked, new warnings from washington, we could face a cyber pearl harbor, single speak attack that could take out powerplants, disable our financial system, accounts, and mutual fund stock holdings disappear. thel threat is real, but how rel steve? i heard it out there. >> first thank you for having me on the show, this is real, it is growing all of the time, what we're seeing is. something that are coming out in paper of day, microsoft, apple, google, twitter, facebook. i mean where does it end? government itself has revealed its secret systems, closed secret networks have been intruded upon, our first amendment rights are trampled on by foreign country, breaking into new york time, "wall street journal," and washington post. neil: what is this setting the stage for? i wonder, it setting something up, what? >> well, right off the bad, they have stolen everything, even if they were not preparing a battle feel, they are taking our research and development,
neil: a fox, alert for you, microsoft joining list of u.s. companies saying it has been hacked, new warnings from washington, we could face a cyber pearl harbor, single speak attack that could take out powerplants, disable our financial system, accounts, and mutual fund stock holdings disappear. thel threat is real, but how rel steve? i heard it out there. >> first thank you for having me on the show, this is real, it is growing all of the time, what we're seeing is. something that are...
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Feb 14, 2013
02/13
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u.s. airways, we have turbulence there. it is down about 8% and change. this, as the rumor becomes the news. u.s. airways merging with asr, parent of american airlines, the deal that creates the world's largest character. sketchers off to the races, shares are skyrocketing here, a nice move of 12%, the maker of mens and women's footware with whether or not blowout numbers, and we got the shoes, yeah, thanks to strong demand, up believable demand for shoes in retail stores, wholesale business, women's, domestic, everything looking good. what's getting the american consumer on board with sketchers? coming up, on the run with sketcher's ceo, a fox business exclusive. let's get to that match made in hog heaven as in food hfn. 3g capital buying ketchup maker, heinz. yes, you heard it correctly, heinz. the transaction valued at $28 billion, the largest ever for the food industry. taking a look at what it is, $72.50 a share. that's a 20% premium, and, you know, actually, initially, you have the s
u.s. airways, we have turbulence there. it is down about 8% and change. this, as the rumor becomes the news. u.s. airways merging with asr, parent of american airlines, the deal that creates the world's largest character. sketchers off to the races, shares are skyrocketing here, a nice move of 12%, the maker of mens and women's footware with whether or not blowout numbers, and we got the shoes, yeah, thanks to strong demand, up believable demand for shoes in retail stores, wholesale business,...
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Feb 20, 2013
02/13
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way to say that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted accordingly. our need to keep pace with these changes remains imperative, and the stakes have never really been higher. in some industries, a single trade secret is worth millions or even billions, billions of dollars. >> this report today follows up on the president's executive order that he signed last week to try to beef up cyber security efforts, but new programs such as better information about cyber threats between u.s. intelligence agencies and private sector companies will take time to roll out. david and liz? liz: thank you, peter, very much, peter barnes. david: news from the fed minutes moving mar
way to say that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted...
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Feb 26, 2013
02/13
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for example, even though u.s. banks are stronger financially than european banks, frequently, u.s. banks have wider credit default swap spreads with credibility of failure because the ircheses of u.s. and -- difference between u.s. and europe between perceived government support. that's the process. that's the plan. there's additional ideas such, you know, doing glass stege l again, separating the commercial banken and investment banking activities. we're doing that to some extent, but we don't think that it by itself really is all that helpful because in the crisis, firms that failed were straight investment banks, and firms in trouble were straight commercial banks so i'm open to discussing additional measures, but the plan to impose costs on banks to make them internalize the imprint to have a authority to strengthen the system, and that ought to improve the situation, but if it doesn't, i think we ought to consider alternatives and additional steps. >> in closing, i'd really continue to encourage y'all doing that now, and, again, i think it's a bipartisan concern. i've expresse
for example, even though u.s. banks are stronger financially than european banks, frequently, u.s. banks have wider credit default swap spreads with credibility of failure because the ircheses of u.s. and -- difference between u.s. and europe between perceived government support. that's the process. that's the plan. there's additional ideas such, you know, doing glass stege l again, separating the commercial banken and investment banking activities. we're doing that to some extent, but we don't...
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Feb 11, 2013
02/13
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it's whether sending from saudi or the gcc to southeast asia or u.s. to mexico, u.s. to africa, anywhere in europe, so everything is aligned in the send and receive quarters. cheryl: one of the things in dodd frank and this is the regulation that everyone is dealing with, and you are not immune to this, they are going to require money transfers to be part of the consumer protection side of dodd frank. are you worried about that? do you think that will hurt the business? >> we are not worried about it. we think we have had an abundance of disclosure to our consumers. that's really what the money remittance rule of dodd frank or that is being promulgating on our industry, it is about disclosure. we are ready to go live february 7th, and mid december, cfpb delayed that. we're ready for the rule to be final. cheryl: i hate to bring up western again. the price war, are you ready for that? >> we are ready to continue to maintain and grow our shares. i will say it that way. that's what we're focused on. they did lower prices in november. cheryl: just trying to get some numbe
it's whether sending from saudi or the gcc to southeast asia or u.s. to mexico, u.s. to africa, anywhere in europe, so everything is aligned in the send and receive quarters. cheryl: one of the things in dodd frank and this is the regulation that everyone is dealing with, and you are not immune to this, they are going to require money transfers to be part of the consumer protection side of dodd frank. are you worried about that? do you think that will hurt the business? >> we are not...
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Feb 19, 2013
02/13
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the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for you. are you in this market, you, the little guy. we've got an expert on that coming up in just a moment from charles schwab and he'll give us the answer and on the high side in the first seconds. today's merger talk, a number of mergers, officemax, office depot reportedly getting together. and lauren simonetti on the floor of the exchange. looks like they will he' give staples a run for their money. >> it may be higher prices for consumers. let's go straight to where they both trade. as you can see, offic
the u.s., it's not resolved so more higher gasoline is ahead of us. stuart: and david, hold on, i want to see what happens when the opening bell starts to ring and starting right now. i'm expecting the dow to hit 14,000, we've been away for three days and friday afternoon the dow closed at 13,981. the early indicator suggested we go up, 20, maybe 20 points at the opening bell and that would take us to 14,000 so we're off and running again. stocks at a very high level. i've got a question for...
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Feb 26, 2013
02/13
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and the fear of what the collapse of euro and connection with the u.s., first the u.s. has a lot of investment in europe, so, i mean, these kind of uncertainty, they trigger and they spill out, but there is another big thing. and the u.s. based a lot of kind of prospective growth on experts and when you don't export. when the countries are buying your stuff are doing really, really badly, that's another kind of channel for trouble for us. >> and one last one. i'm told that austerity is the result of spending cuts in europe. is that accurate? >> hardly. hardly. i mean, there are some countries who actually cut spending a little bit, but these countries have also overwelcomingly increased taxes. >> that's it. it's a tax increase as opposed to a spending cut produced this misery? >> and by the way, alberto al seena of harvard and some of the co-authors have shown this is the worst way to reduce debt to gdp ratio. this balanced approach, the president likes, the mix-up can prevent spending cuts, but absolutely real tax increases. stuart: veronique de rugy, you make a lot of
and the fear of what the collapse of euro and connection with the u.s., first the u.s. has a lot of investment in europe, so, i mean, these kind of uncertainty, they trigger and they spill out, but there is another big thing. and the u.s. based a lot of kind of prospective growth on experts and when you don't export. when the countries are buying your stuff are doing really, really badly, that's another kind of channel for trouble for us. >> and one last one. i'm told that austerity is...
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Feb 11, 2013
02/13
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he is now a u.s. citizen and a part owner of a u.s. business. please, welcome hector ramirez. why don't you tell a little bit about your story. >> well, when i got to this country, i was 13 years old. my brother started putting me into school. he got me to do welding. we worked from 6:00 a.m. until four or five or 6:00 p.m. whatever time was necessary. i got my first home when i was 18 years old. of course, i have to put in an application that i was a u.s. citizen. i never said i was not. i got my first home when i was 18 years old. i have been working from that time. this is a country of opportunities. connell: what about when you got your green card? when did you become legal? >> it was april of 88. connell: okay. the reason i bring that up is because we are going through this process again where we are considering the fact that maybe some people like you who came to the united states early in life were not legal immediately and now want to become legal. we are interested in impact of the economy. >> for me, i believe, there is definitely a good thing. eleven again people th
he is now a u.s. citizen and a part owner of a u.s. business. please, welcome hector ramirez. why don't you tell a little bit about your story. >> well, when i got to this country, i was 13 years old. my brother started putting me into school. he got me to do welding. we worked from 6:00 a.m. until four or five or 6:00 p.m. whatever time was necessary. i got my first home when i was 18 years old. of course, i have to put in an application that i was a u.s. citizen. i never said i was not....
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the u.s. trade deficit unexpectedly narrowed in december. according to the commerce department, the trade gap fell on the drop of oil imports and hire exports. 16% say they are late at least once a week. the most common excuse is traffic. that is the latest from the fox business network. giving you the power to prosper. ♪ [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. your financial advis should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who thinlike you do. face time and think time make a difference. at edward jones, it's how we me sense of investing. dagen: talk about a recovery. the number of homes sold for $5 million or more hitting a record number in california last year. that is where we find robert gray. in the hollywood hills above los angeles with real estate agent, well, extraordinaire. tell him i am looking at t
the u.s. trade deficit unexpectedly narrowed in december. according to the commerce department, the trade gap fell on the drop of oil imports and hire exports. 16% say they are late at least once a week. the most common excuse is traffic. that is the latest from the fox business network. giving you the power to prosper. ♪ [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put...
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the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: as we do every 15 minutes, let's get a check on the markets. nicole petallides is watching linkedin. nicole: linkedin up almost 22% today. great move. obviously hitting a new all-time high since the ipo back in 2011. obviously, professional social network company. everyone seems to be very familiar with it. they have gotten more dollars from the corporate recruiters. they have expanded the membership. $151..04. let's take a look at the dow jones industrials. this could be our longest winning streak since august august 2012. the russell, they have been doing exceptionally well. back to you. melissa: thank you so much. ashley: no longe
the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: as we do every 15 minutes, let's get a check on the markets. nicole petallides is watching linkedin. nicole: linkedin up almost 22%...
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Feb 11, 2013
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u.s. and american have very little crossover. this is probably one of the few i've seen in a long time i don't see that much. you may have hub cities you will see crossovers but american is very weak on the eastern part of the united states. us airways is probably in central america and parts of mexico and also deep south america and places like that. i don't really see where the department of justice will be able to say much. when you look at all three of these devices they're only going to be a small percentage part, with american will be 2% bigger. maybe united will be two or three percentage points bigger than delta. lori: give some perspective, tom. where is air fare today versus this time last year say, and how high do you expect it to rise even if percentage terms? >> if you go back let's go back 10 years or back to 2000, that is probably one of our worst years. right after 2001 we had many coast to coast fares in the 198 range. today if you're a large metropolitan city like boston, new york, washington, d.c., fort lauderd
u.s. and american have very little crossover. this is probably one of the few i've seen in a long time i don't see that much. you may have hub cities you will see crossovers but american is very weak on the eastern part of the united states. us airways is probably in central america and parts of mexico and also deep south america and places like that. i don't really see where the department of justice will be able to say much. when you look at all three of these devices they're only going to be...